Bloomberg Analyst: Crypto Faced Its Own Set of Bank Runs Alongside the Wider Economy

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Bloomberg Analyst: Crypto Faced Its Own Set of Bank Runs Alongside the Wider Economy

Despite being a disruptive force which pits itself in opposition to traditional finance, crypto has also witnessed its own series of bank runs, and some observers believe future runs of what some call ‘crypto shadow banks’ could become more destructive, according to Matt Levine, an opinion columnist for Bloomberg….
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